Tata Power shares fell 2.43 per cent to hit a low of Rs 443.55 on BSE. The company's arm Tata Power Renewable Energy has signed a PPA with SJVN Limited to set up 460 MW firm and dispatchable renewable energy projects.
Tata Power share price: The stock slipped 2.52 per cent to hit a day low of Rs 419.05. It was last seen 0.94 per cent down at Rs 425.85. At this price, the multibagger scrip has gained 120 per cent in the past one year.
Tata Power share price: The stock rose 2.74 per cent to hit a high of Rs 399 in Thursday's trading session. At this price, the multibagger stock has gained around 116 per cent in a year.
Tata Power share price: While the RE business is yet to reach 3-4GW additions/year required to meet FY27 PAT targets, falling coal profits remain a drag, Nuvama said.